The forecast for consumer nonriding lawn, garden, and snow equipment sales in the US shows a declining trend from 2024 to 2028. Starting at $2.4261 billion in 2024, the sales are projected to decrease gradually each year, ending at $2.2381 billion in 2028. This follows actual data from 2023 where the value stood slightly higher. The year-on-year variation shows a consistent decline with a compound average growth rate (CAGR) indicating contraction over five years. The market appears to be in a steady downturn after peaking in recent years.
Future trends to watch for include technological advancements in equipment, consumer shifts towards sustainable and eco-friendly products, and potential impacts of climate change on garden and snow condition needs. Monitoring these factors can provide insights into further changes in consumer demands and market adjustments.
